Allen Simpson
@allen_m_simpson
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CEO, @ukhofficial. Business strategy, economic development, International trade & FDI. Ex London & Partners, London Stock Exchange and Barclays.
Maidstone and London
Joined December 2011
I’m followed on here by a lot of Labour MPs. I just want to correct an important misconception I’ve heard this afternoon. No, hospitality didn’t get a tax cut on business rates. It’s a massive tax rise. Eg. Hotel tax bills are going up by 73%. Call if you want it explained.
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Remember kids, if you see a queue in the pub - just walk to the bar. The Venn diagram of people who queue in the pub and people who will challenge you has zero overlap.
New research reveals that pub goers prefer a new style of service – with more than half (55%) leaning towards pre-booking, ordering digitally and forming a line away from the counter as opposed to spreading out across the bar - in Propel
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On @theJeremyVine show talking about job losses and apprenticeships in hospitality. Short version - waiting to hear the detail, but hopeful it’s supporting what the industry is doing. Main thing though is costs - NICs, VAT business rates. Jobs being lost, not gained.
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I agree - but this needs to be twinned with a change of the definition of success in a career. The esteem gap between a degree and apprenticeship can’t just be pushed upstream by an industrial strategy that treats traditional grad destinations as ‘better’ than eg. Hospitality.
For too long, success has been measured by whether you go to university or not. That needs to change. Apprenticeships should have the same respect and opportunity. We're delivering 50,000 more apprenticeships over the next three years.
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It’s an absolutely moral imperative that we reverse the NICs changes which hammer early career jobs at a time when those jobs are scarce. What ARE we doing?
140 people applying for every single graduate position. Young people DO want to contribute to society. They can't because we don't allow Britain to build. @pursuitofprog discussing with @bbclaurak
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My (amazing) local has to charge £7.90 a pint to make sure it pays well and is sustainably profitable. Thats the clearance level after rent/bills/ever soaring tax rates.
Pubs to raise pint prices to combat ‘tsunami’ of Budget costs. Business rates increase ‘another nail in the coffin’
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Free schools and academy trusts are both self evidently a triumph, but they also say something fundamental about the nature of state failure in the uk.
I remember being on Newsnight with Fiona Millar, Alastair Campbell's partner, discussing my efforts to set up a free school. This was in 2010 when Michael Gove had just announced the free schools policy and there was a great deal of scepticism, mainly put about by the Labour
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"It's entirely possible that we see the same number of jobs lost in the next 12 months." Increases to business rates and the cost of employment, as well as holiday taxes, mean hospitality is still #TaxedOut. Chief Exec @allen_m_simpson speaks to @BBCLondonNews about what it
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Hospitality is being #TaxedOut, with business rates bills soaring, a looming holiday tax and increasing employment costs. We need action to reduce our tax burden. Our Chief Exec @allen_m_simpson spoke to @BBCLondonNews 👇 https://t.co/HFn4zUo5Wd
bbc.co.uk
UKHospitality is particularly worried about the impact of the recent Budget on youth employment.
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The Borough pocket neighborhood in Carlton Landing, Oklahoma
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What’s at risk with ‘the pub tax’. Miranda Richardson, landlady of the Squirrels pub in Northampton: “Pubs aren’t just businesses. They are communities and support networks for people, places where people celebrate, commiserate and come together.” #OurPub
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Sharing this from Sacha - sets out the business rates problem with total clarity.
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That support for the high street in full.
I know many hospitality businesses have seen their independent valuations go up since the pandemic. That's why, for those seeing bills go up, our £4.3bn support package will cap most increases at 15% next year, and we've reduced tax rates for eligible High St businesses to
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Hi Dan, The concern is year three. Those numbers are absolutely unaffordable for businesses who your government added £3.4bn costs to last year. 5% is not ‘rebalancing for good’ it’s a tax rise for hospitality to protect the industrial strategy sectors. Let’s be frank here.
I know many hospitality businesses have seen their independent valuations go up since the pandemic. That's why, for those seeing bills go up, our £4.3bn support package will cap most increases at 15% next year, and we've reduced tax rates for eligible High St businesses to
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I have no thoughts about the run up to the Budget and the scale of the black hole. But we mustn’t be knocked off course from the bigger story - which is the actual content of the Budget, and what it will mean for jobs and inflation. The story here is the business rates.
I’m followed on here by a lot of Labour MPs. I just want to correct an important misconception I’ve heard this afternoon. No, hospitality didn’t get a tax cut on business rates. It’s a massive tax rise. Eg. Hotel tax bills are going up by 73%. Call if you want it explained.
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Love this so much.
THE QUEEN OF THE FOREST IS HERE 🎄 I’ve finally touched down in Trafalgar Square, standing tall, mighty pine, and absolutely ready for my close-up. After travelling all the way from Oslo, I’m here, I’m festive, and I’m about to light up your December like no one else can 💅✨
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This was my question to the chancellor as requested by @bbclaurak for today’s programme. The show took a different direction with the @bbc choosing instead to focus on whether the chancellor potentially misled us regarding the fiscal headroom…
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All of this is going to cost thousands of jobs and push up benefits, is a manifesto breach, anti-growth, and inflationary. We will help you fix it. Allen (8/n)
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Someone on £25k was twice as hit as someone on £150k by the NICs rises your manifesto said you would not do. And this year you’re implementing a Holiday Tax you also promised you would not do. (7/n)
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